HOUSTON--(BUSINESS WIRE)--Nhale (OTCQB:NHLE) is pleased to announce it is making strides towards producing a prototype for its closed modular cultivation system. Growpod, Nhale’s advanced grow technology, is based on the concept of “controlled environment agriculture,” or CEA. An integrated science, CEA is a combination of engineering, plant science and computer-managed facility control to optimize plant development, plant quality and production efficiency.
“The need for solutions in the exploding legal cannabis market is driving innovation, particularly in the area of urban and indoor cultivation,” said Lance Williams, President and CEO of Nhale. He added, “We are committed to finding the best growing conditions that will result in an environmentally friendly modular cultivation eco-system.”
Nhale is currently in talks with lighting and design experts as it evaluates technology that will make the cultivation process more efficient and affordable for experienced growers as well as first-time cultivators.
Closed modular cultivation systems such as the one being developed by Nhale allow growers to generate high density facilities that will accelerate access to a healthy and secure supply of affordable, high quality product – and do it more efficiently and economically than traditional grow operations.
About Nhale, Inc. (OTCQB: NHLE)
Nhale™ is a technology company whose mission is to be the premier cannabis industry innovator, promoting industry awareness and developing economically sustainable partnerships while increasing shareholder value. Nhale plans to become a leading provider of cannabis cultivation systems and products in the U.S.
More information about Nhale is found at www.nhaleinc.com.
Forward-Looking Statements
Certain information provided in this press release constitutes forward-looking statements. The words "anticipate", "expect", "project", "estimate", "forecast" and similar expressions are intended to identify such forward-looking statements. The reader is cautioned that assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be incorrect. Actual results achieved during the forecast period will vary from the information provided herein as a result of numerous known and unknown risks and uncertainties and other factors. You can find a discussion of those risks and uncertainties in our EDGAR securities filings with the Securities and Exchange Commission. Such factors include, but are not limited to: general economic, market and business conditions; fluctuations in the marijuana market; the results of product development and the result of our efforts to develop strategic relationships, partnerships and potential acquisitions that are in line with our business model; outcome of partnership negotiations; the uncertainty of market estimates; changes in environmental and other regulations; risks associated with retail operations; and other factors, many of which are beyond the control of the Company. There is no representation by Nhale that actual results achieved during the forecast period will be the same in whole or in part as those forecast. Except as may be required by applicable securities laws, Nhale assumes no obligation to publicly update or revise any forward-looking statements made herein or otherwise, whether as a result of new information, future events or otherwise.
